Freehold land Study guides, Revision notes & Summaries
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PLP SGS 10- Summary Notes
- Summary • 8 pages • 2023
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lOMoAR cPSD| 
PLP SGS 10 
RELATIONSHIP BETWEEN THE PARTIES: 
Privity of estate - Parties who share an immediate interest in the same land, e.g. landlord and tenant 
Privity of contract - The original parties to a contract - can sue for breach of contract, not 
withstanding their subsequent disposal of their interest. 
Privity of estate ceases to exist once one of the parties sharing an interest in the land disposes of their 
interest, so it cannot be relied upon to pursue a remedy. 
OLD LEASE: 
...
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Champions real estate principles of real estate 1 in 2022 latest update
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Champions real estate principles of real estate 1 in 2022 latest updatebrokerage - correct answer A business that pertains to overseeing the needs of the parties and completing a transaction they may or may not involve agency relationships 
 
Real Estate Development - correct answer Involves the acquisition of land for development into residential subdivisions, retail centers and other commercial uses. 
 
immobility - correct answer It's a physical characteristic of land that cannot be moved 
 ...
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Dubai RERA Broker Exam 2022/2023 Questions and Answers
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Which law applies to 
Land Registration & Ownership (Role of DLD) - ANSWER Law No. 7/2006 
 
Which law applies to 
Designated Areas 
(Freehold vs Leasehold for non GCC) - ANSWER Regulation No. 3 of 2006 
 
Which law applies to 
Regulation of Real Estate Brokers - ANSWER Law No. 85/2006 
 
Which law applies to 
Establishment of RERA - ANSWER Law No. 16/2007 
 
Which law applies to 
Escrow Accounts - ANSWER Law No. 8/2007 
 
Which law applies to 
Tenancy Law - ANSWER Law No. 26/2007 
Law No....
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Humber Real Estate - Course 3, Module 1 exam 2024 with 100% correct answers
- Exam (elaborations) • 32 pages • 2023
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Title - correct answer Condominium owners hold ______ to their private living space (unit) and share ownership jointly of the common areas (common elements) with other owners in the condominium corporation. 
 
A legal entity that represents the collective interests of its property owners. - correct answer What is the definition of a 'Condominium Corporation'? 
 
The condominium board - correct answer Who establishes the rules and bylaws in a condominium? 
 
To secure the assets of the co...
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PSI PA Real Estate Practice Exam
- Exam (elaborations) • 27 pages • 2023
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The economic characteristics of land are - Answer- scarcity, location, and durability 
 
A major difference between freehold and nonfreehold estates is that all freehold estates - Answer- are of indeterminable duration 
 
An easement can be terminated by - Answer- merger of titles 
 
The land description T3N, R4W Principal Meridian refers to what method of property description? - Answer- Rectangular survey 
 
Tenants are still in their rental property even though their lease has expired. The lan...
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Real Estate NJ Test with Questions and Correct Answers| Graded to Pass
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A home is being purchased for $275,000. The buyer agrees to an 80% loan with the seller paying $5,000 of the buyer's closing costs. What amount will the ... - $55,000 
 
A national company desires a parcel of land which must be four times the size of its proposed building. If the building design includes 20,000 square feet .... - B) 2 acres 
 
A salesperson is convicted of a crime which involved activities as a real estate licensee. The Commission obtains a certified copy of the .... Acco...
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Humber Real Estate - Course 3, Module 1, Introducing Residential Condominiums questions and answers graded A+
- Exam (elaborations) • 32 pages • 2024
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Condominium owners hold ______ to their private living space (unit) and share ownership jointly of the 
common areas (common elements) with other owners in the condominium corporation. - Answer-Title 
What is the definition of a 'Condominium Corporation'? - Answer-A legal entity that represents the 
collective interests of its property owners. 
Who establishes the rules and bylaws in a condominium? - Answer-The condominium board 
What is the aim of condo bylaws and rules? - Answer-To secure th...
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RECA Fundamentals Exam 2023 Questions with Verified Answers
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Which of the following is NOT a RECA educational resource for industry professionals? - Answer- Spatial Information System (Spin 2) 
 
Which entity has the authority to amend the Real Estate Act - Answer- Provincial Legislature 
 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time - Answer- Consumer Price Index (CPI) 
 
Which of the following will occur to the supply of a good when there is a change in quantity...
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Humber Real Estate - Course 3, Module 1, Introducing Residential Condominiums questions with correct answers
- Exam (elaborations) • 41 pages • 2023
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Title CORRECT ANSWER Condominium owners hold ______ to their private living space (unit) and share ownership jointly of the common areas (common elements) with other owners in the condominium corporation. 
 
A legal entity that represents the collective interests of its property owners. CORRECT ANSWER What is the definition of a 'Condominium Corporation'? 
 
The condominium board CORRECT ANSWER Who establishes the rules and bylaws in a condominium? 
 
To secure the assets of the corporation an...
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Humber Real Estate - Course 3, Module 1, Introducing Residential Condominiums exam 2024
- Exam (elaborations) • 33 pages • 2024
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Title - correct answer Condominium owners hold ______ to their private living space (unit) and share ownership jointly of the common areas (common elements) with other owners in the condominium corporation. 
 
A legal entity that represents the collective interests of its property owners. - correct answer What is the definition of a 'Condominium Corporation'? 
 
The condominium board - correct answer Who establishes the rules and bylaws in a condominium? 
 
To secure the assets of the co...